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VCSC Daily - Instant Noodles and Milk Save VNI

Market Commentary

09 Jan 2013

Technical Comment. Foreign demand has been rising sharply on blue chips but volume appears to have peaked today. Watch for demand for blue chip tickers to fall gradually over the next few sessions. Both indices triggered Up-thrusts or false break out signals indicating that the markets may also soon form a peak. However, the VNI may have enough strength to finish the week positive but the HNI may continue to slide.

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